Sibanye-Stillwater (JSE: SSW and NYSE: SBSW) has just announced a significant milestone that is set to reshape the South African and global mining sectors. In a landmark agreement with the Glencore Merafe Venture (GM Venture), the enhancement of the historical…
Leaders from the East African Community (EAC) and the Southern African Development Community (SADC) have gathered in Dar es Salaam to tackle the ongoing conflict in the Great Lakes region, particularly in eastern DRC. Ministers and heads of state from…
In a transformative move, President Cyril Ramaphosa announced a second wave of economic reforms during the State of the Nation Address (SONA) at Cape Town City Hall on Thursday evening. With a focus on state-owned enterprises (SOEs) such as Eskom…
Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – Barrick’s Kibali gold mine celebrated a significant achievement in the last quarter of the year, recording its highest yearly throughput since its commissioning. This landmark highlights the mine’s unwavering commitment to operational excellence and…
South Africa is undergoing a “fundamental transformation” aimed at accelerating inclusive economic growth, said President Cyril Ramaphosa at the World Economic Forum (WEF) in Davos, Switzerland. Speaking at the South Africa Night event, held on the sidelines of the annual…
Minister of Electricity and Energy, Dr. Kgosientsho Ramokgopa, has arrived in Davos, Switzerland, for the World Economic Forum (WEF) meeting, where he is expected to spearhead South Africa’s energy agenda. Ramokgopa is part of the South African delegation, led by…
In a startling turn of events, Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) confirmed today that it remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali. The Malian government executed an interim attachment order, moving the existing gold stock to…
Unveiling a Major Financing Move to Power Future Expansion Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) has announced a significant milestone in its growth journey with the launch of a $600 million senior notes offering due 2030. These senior unsecured obligations,…
By Leon Kafitwe Kamoa-Kakula’s copper production soared to a record-breaking 437,061 tonnes in 2024, marking a 12% year-on-year growth fueled by the ramp-up of its Phase 3 concentrator in the Democratic Republic of Congo (DRC). This stellar performance included a…
Holidaymakers will face significant financial strain as fuel prices are set to increase across all grades of petrol and diesel from New Year’s Day, this Wednesday. The Department of Mineral and Petroleum Resources (DMPR) announced the following price adjustments: Petrol…
Government reports that a number of illegal miners, known as Zama Zamas, have voluntarily surfaced from the disused mine shafts in Stilfontein. According to the National Joint Operational and Intelligence Structure (NATJOINTS), these individuals have demonstrated the capability to exit…
In a decisive move to enhance nuclear safety and align with global standards, President Cyril Ramaphosa has signed the National Nuclear Regulator Amendment Bill into law. This milestone legislation updates the 1999 Act, introducing robust measures to protect South Africans…
